2 ms·
Couldn't she just buy 2% of the company at the market price?
by rwmj 2y ago
Couldn't she just buy 2% of the company at the market price?
- paulddraper 2y agoYes but she will still have to abide by the covenants. And those might include things preventing majority owner from buying everything at $0.01 per share.
- robertlagrant 2y agoIt might not be possible if there are tagalong/dragalong agreements. And from the perspective of a shareholder, the shares might become a bit of a riskier proposition if you allow her to control the company, vs the current status quo.